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Provo

Why you'd want to live in Provo

Discover Provo, Utah's thriving heart and the vibrant hub of Utah County. Be captivated by its world-class educational institutions, including Brigham Young University - a prestigious private college operated by the Church of Jesus Christ of Latter-day Saints. Also, witness the impressive scale of the LDS Church's largest Missionary Training Center right here in Provo. Embrace the natural beauty of Utah Valley as Provo nestles on the eastern bank of Utah Lake. Lose yourself in the majestic Wasatch Range, home to countless peaks and the iconic Y Mountain that looms majestically over the city. The stunning landscape is a playground for exhilarating outdoor activities, from hiking and skiing to fishing and beyond. Experience unrivaled prosperity as Utah County boasts the nation's highest job growth in 2015, along with Provo's consistent ranking as one of the best places for businesses and careers. Also, witness the optimism that fuels its thriving Salt Lake home buying and selling market. Join us in Provo and immerse yourself in this spectacular fusion of natural beauty, dynamic economy, and enriching culture.

Provo Market Report

$790,882

AVERAGE PRICE OF 243 HOMES

$2,598,732

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$1,324,052

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$963,206

AVERAGE PRICE OF 16 HOMES WITH A POOL

$779,691

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $790,882
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $3,104,500
2 bedrooms $416,048
3 bedrooms $427,042
4 bedrooms $612,397
5 bedrooms $986,802
Provo Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 232 224 238 220 205
Average Price $769,738 $776,424 $730,305 $679,195 $685,204
Avg Price Change -0.87% +6.32% +7.53% -0.88% -5.77%
Median Price $488,841 $496,756 $488,817 $459,846 $443,926
Med Price Change -1.62% +1.62% +6.30% +3.59% -0.08%
Avg Bedrooms 3.55 beds 3.58 beds 3.64 beds 3.42 beds 3.3 beds
Avg Bathrooms 2.56 baths 2.58 baths 2.56 baths 2.45 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
None/Other 10 $455,770 61 days
Orem 1 $6,250,000 124 days
Provo 105 $645,814 67 days
Timpview 115 $764,316 83 days
Wasatch 2 $2,912,500 342 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 243 $790,882 82 days
Multi-Million Dollar Homes 35 $2,598,732 141 days
Newly Built Homes 20 $1,324,052 129 days
Homes with a Pool 16 $963,206 74 days
Reduced Price Homes 13 $779,691 80 days
The Stern Team, KW Salt Lake City Keller Williams Real Estate
Russell Faucette
2121 South McClelland St, Suite 201
Salt Lake City, UT 84106
801-810-1056

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 6, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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